Dec 11, 2012 4:00pm PST
$1.9 billion to settle u.s. allegations of money laundering. our chief economics correspondent has all the details. >> the largest bank in money- laundering, cartels washed through the bank. it resulted in a $1.9 billion fine, the biggest in u.s. banking history. the american authorities >> the corruption of the financial system by drug traffickers and other criminals, and free evading u.s. sanctions and law. >> they find $7 billion will be transferred between mexico and the u.s.. there were 25,000 transactions involving iran. in $290 million in suspicious traveler's checks were cleared by the bank. in a statement, they said they were story -- sorry for past mistakes. the former chairman was appointed as trade minister for david cameron. he had this to say when the allegations emerged in july. >> there were failures of the implementation, they expressed regret for that. it is a company i am proud to have worked for. >> they are not the only british bank to run these. the accusations of sanctions violations. other leading european banks have also in recent years reached settlements
Dec 13, 2012 4:00pm PST
they are moving too slowly, and could fragment. the police took us on patrol to see the violent side of an intractable political battle about the country's future. >> mostly teenagers. they are pushed by higher leaders. >> demonstrators opposed videos on youtube of what they do. the police said there was fun, using only -- police said they used force only to protect civilians. but we went to a protest about what they said were punitive and violent police raids. one of the demonstrators is still waiting to have dozens of shotgun pellets removed from what he said was the police attack and weeks ago. >> we want only freedom. we will come back and back and back. we want freedom. >> these people are shia muslims, the majority in bahrain. they are calling for the downfall of the king. like most of the ruling class, he is sunni muslim. the children reacted fastest when the police moved in. in the she of villages -- shia villages, demonstrations happened to him daily, even though they were banned. bahrain is caught up in big forces of work in the middle east. the pressure for change. the int
Dec 21, 2012 4:00pm PST
u.s. school would help prevent similar tragedies in the future. the bbc's north america editor reports. >> the church bells tolled out the exact time when a week ago a young man with an assault rifle began his massacre of children. they stood in prayer and in silence in the rain. in a town still numb, the bells tolled 26 times, one for each of the victims of the school. inside the white house, president obama and his staff since silent for a minute. beyond the grave, resolution. in a new video, he has promised he will push for a ban on assault rifles. >> i will do everything in my power as president to advance these efforts. if there's even one thing we can do as a country to protect our children, we have a responsibility to try. >> shame on the nra. >> there are those who blame the national rifle association for consistently, powerful lobbying against gun control. they have been consistently silent until now, and some expected they would seek compromise. none of it. instead, raw fury, blaming video games, the culture. >> we have blood-of films out there like "american psycho,"